Jiaocheng Ultrasonic disclosed its 2026 interim report on the evening of August 28. First-half operating revenue rose 38.24% year on year, and net profit attributable to the parent rose 77.38% year on year, with operating scale and profitability both achieving rapid growth. Specifically, the company posted first-half operating revenue of 446 million yuan, net profit attributable to the parent of 103 million yuan, and net profit attributable to the parent after deducting non-recurring items of 77.933 million yuan, up 68.42% year on year. Profit growth was significantly faster than revenue growth, and the overall gross margin remained high. As a leading domestic ultrasonic technology platform company, its business covers new energy batteries, wire harness connectors, semiconductors, non-metals and other fields, and continues to extend into advanced semiconductor packaging, aerospace, medical and other high-precision scenarios. First-half research and development expenses were 86 million yuan, up 13.71% year on year. As of June 30, 2026, the company had obtained 374 valid authorized patents and 70 software copyrights. Contract liabilities at the end of the reporting period reached 173 million yuan, a sharp increase of 145% from the beginning of the period, indicating ample order backlog. At the same time, the company is steadily advancing its private placement to raise funds, with a focus on projects such as the research and development and industrialization of advanced ultrasonic equipment for semiconductors. Overall, the company's multi-track coordinated development pattern has taken shape, its new energy foundation remains solid, and its semiconductor business has entered a stage of rapid volume growth.
SBT Ultrasonic Technology Co. Ltd. AFirst-half net profit up 77.38% and revenue up 38.24%, with strong order backlog and private placement progress.
